All Roll Calls
Yes: 147 • No: 85
IndianaHB 1042Second Regular Session 124th General Assembly (2026)HouseWALLET
Regulation and investment of cryptocurrency.
Sponsored By: Kyle Pierce (Republican)
Became Law
financial institutionsthe senateinsurance and financial institutions
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Bill Overview
Analyzed Economic Effects
7 provisions identified: 6 benefits, 0 costs, 1 mixed.
Protections for crypto payments and wallets
Starting July 1, 2026, state and local agencies (other than the Department of Financial Institutions) cannot ban or limit using or accepting digital assets for lawful goods or services. They also cannot block custody in self-hosted or hardware wallets. Agencies cannot add special taxes or fees to these activities unless the same charges apply to similar non-digital transactions.
Mining businesses protected in industrial zones
Starting July 1, 2026, agencies other than the Department of Financial Institutions cannot prohibit digital-asset mining businesses. Local governments cannot ban compliant miners in industrial zones or set special noise limits that do not apply to other businesses in the same zone. Standard zoning and location rules still apply.
No local bans on nodes or staking
Starting July 1, 2026, most state and local agencies cannot stop you from running a node, building blockchain software, moving assets on a blockchain, or staking. The rule leaves primary authority with the Department of Financial Institutions and removes local barriers for developers and operators.
New digital-asset definitions and lighter rules
Starting July 1, 2026, Indiana defines “cryptocurrency,” “digital asset,” and what counts as a digital-asset mining business (more than 1 megawatt at one site). Software that lets users control their own keys is not treated as money transmission. This clarifies who needs a license and which rules apply.
Courts limit forced disclosure of crypto keys
Starting July 1, 2026, in civil and criminal cases a court can force disclosure of a crypto private key only if no other admissible information can provide access to the asset. This makes key disclosure a last resort.
Home crypto mining allowed in neighborhoods
Starting July 1, 2026, local governments cannot ban private crypto mining inside homes in residential zones. They also cannot set special noise rules for miners that do not apply to other residences in the same zone.
Crypto option for state worker plans
Beginning July 1, 2026, state-run retirement and savings plans must add a self-directed brokerage account by July 1, 2027. The account includes at least one cryptocurrency investment option. Boards set the rules and the administrative fees charged to participants who use this option.
Sponsors & Cosponsors
Sponsor
Kyle Pierce
Republican • House
Cosponsors
Chris Judy
Republican • House
Heath VanNatter
Republican • House
Jake Teshka
Republican • House
Kyle Walker
Republican • Senate
Scott Baldwin
Republican • Senate
Roll Call Votes
House vote • 2/25/2026
Roll Call 370 on HB1042.04.COMS.CON01
Yes: 59 • No: 33 • Other: 4
Senate vote • 2/19/2026
Roll Call 198 on HB1042.04.COMS
Yes: 35 • No: 10 • Other: 4
House vote • 1/22/2026
Roll Call 66 on HB1042.02.COMH
Yes: 53 • No: 42
Actions Timeline
Public Law 49
3/3/2026HouseSigned by the Governor
3/3/2026HouseSigned by the President of the Senate
2/27/2026SenateSigned by the President Pro Tempore
2/26/2026SenateSigned by the Speaker
2/25/2026HouseHouse concurred with Senate amendments; Roll Call 370: yeas 59, nays 33
2/25/2026HouseMotion to concur filed
2/24/2026HouseReturned to the House with amendments
2/20/2026SenateThird reading: passed; Roll Call 198: yeas 35, nays 10
2/19/2026SenateSecond reading: ordered engrossed
2/16/2026SenateCommittee report: amend do pass, adopted
2/12/2026SenateFirst reading: referred to Committee on Insurance and Financial Institutions
1/26/2026SenateReferred to the Senate
1/23/2026HouseThird reading: passed; Roll Call 66: yeas 53, nays 42
1/22/2026HouseSenate sponsors: Senators Walker K, Baldwin
1/22/2026HouseAmendment #4 (Pierce K) prevailed; voice vote
1/20/2026HouseAmendment #1 (DeLaney) failed; voice vote
1/20/2026HouseSecond reading: amended, ordered engrossed
1/20/2026HouseAmendment #2 (DeLaney) failed; voice vote
1/20/2026HouseCommittee report: amend do pass, adopted
1/14/2026HouseFirst reading: referred to Committee on Financial Institutions
12/2/2025HouseAuthored by Representative Pierce K
12/2/2025HouseCoauthored by Representatives Teshka, Judy, VanNatter
12/2/2025House
Bill Text
Engrossed House Bill (S)
Enrolled House Bill (H)
House Bill (H)
Introduced House Bill (H)